10,559 Shares in Paylocity Holding Corporation $PCTY Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new position in shares of Paylocity Holding Corporation (NASDAQ:PCTY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,559 shares of the software maker’s stock, valued at approximately $1,913,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Paylocity by 7.0% in the first quarter. Vanguard Group Inc. now owns 4,312,832 shares of the software maker’s stock worth $807,966,000 after purchasing an additional 283,430 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Paylocity by 3.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,287,514 shares of the software maker’s stock valued at $803,224,000 after purchasing an additional 141,705 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Paylocity by 0.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,987,037 shares of the software maker’s stock valued at $746,932,000 after purchasing an additional 13,027 shares during the last quarter. American Century Companies Inc. grew its position in shares of Paylocity by 4.0% during the 2nd quarter. American Century Companies Inc. now owns 534,843 shares of the software maker’s stock worth $96,909,000 after buying an additional 20,649 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Paylocity by 1.8% during the first quarter. Northern Trust Corp now owns 469,566 shares of the software maker’s stock worth $87,968,000 after buying an additional 8,349 shares during the last quarter. Institutional investors own 94.76% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on PCTY shares. Zacks Research raised shares of Paylocity from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. BMO Capital Markets cut their price target on Paylocity from $200.00 to $185.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Paylocity in a research report on Tuesday. Barclays dropped their price objective on Paylocity from $195.00 to $175.00 and set an “equal weight” rating for the company in a report on Tuesday, October 21st. Finally, JMP Securities set a $245.00 target price on Paylocity in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $207.83.

Insider Transactions at Paylocity

In other Paylocity news, CFO Ryan Glenn sold 1,737 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $143.65, for a total transaction of $249,520.05. Following the sale, the chief financial officer directly owned 77,229 shares in the company, valued at approximately $11,093,945.85. This trade represents a 2.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 19.40% of the company’s stock.

Paylocity Price Performance

PCTY opened at $146.95 on Friday. The stock has a market cap of $7.99 billion, a P/E ratio of 36.83, a P/E/G ratio of 4.40 and a beta of 0.58. Paylocity Holding Corporation has a 12 month low of $135.46 and a 12 month high of $223.80. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.07. The company has a fifty day simple moving average of $150.78 and a 200 day simple moving average of $171.65.

Paylocity (NASDAQ:PCTY) last posted its earnings results on Tuesday, November 4th. The software maker reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.23. Paylocity had a return on equity of 22.07% and a net margin of 13.75%.The firm had revenue of $408.17 million during the quarter, compared to analysts’ expectations of $399.53 million. During the same period in the previous year, the firm earned $1.66 earnings per share. The company’s revenue was up 12.5% on a year-over-year basis. Paylocity has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, research analysts expect that Paylocity Holding Corporation will post 4.36 EPS for the current year.

Paylocity Profile

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.